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Below is an in-depth analysis and side-by-side comparison of Gent's Formal Wear vs Del Sol including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $75,000 - $95,000 | $150,000 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | - | - |
Year Founded | 1981 | 1994 |
Year Franchised | 1995 | 1998 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 Weeks at Office/1 Week On-Site | At Headquarters At Licensee's Location Manual By Video Online By Phone |
Support | # Store Set-up # Operations Manual # Marketing/Advertising Guide # Lease Negotiations & Site Selection Assistance # Exclusive Territory # Company Wholesale Program # IFA Convention Member # Operational Support | Newsletter Advertising/Marketing Technical Support Phone Support |
Marketing | - | - |
Operations | - | Business can be run part-time. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Gent's Formal Wear is now offering franchises to individuals or couples interested in owning their own Tuxedo business. Weddings are relatively recession-proof. The wedding day is still the most important day in a woman's life. Brides want their Grooms and Groomsmen in Tuxedos! Gent's Formal Wear offers rentals and sales of the finest Tuxedos available. Gent's Formal Wear offers the quality and service that today's customers are looking for.
Invest in a profitable business venture that's hard work and tons of fun, too. Del Sol is one of the fastest growing tourist-based businesses in the United States, Caribbean, Mexico and Canada, and it continues to be the number-one clothing retailer in the Caribbean. As a store owner, you share in all the growth and excitement of Del Sol and its bright future ahead! You will own and run your own business, while still reaping the support of an entire corporation and proven retail programs that will help you to be successful. At Del Sol, profits soar in sunlight!